Naspers has started trading on the A2X stock exchange as of today.
Naspers’ primary listing on the JSE and issued share capital will both remain unaffected by its new secondary listing on A2X.
The company’s shares will now be available to trade on both the JSE and A2X, with no additional cost, risk, or additional regulatory compliance required.
The listing of Naspers on the A2X platform brings the number of companies on the A2X platform to 15, including Standard Bank Group, AVI Limited, and Sanlam Limited.
The A2X exchange has accrued a combined market capitalisation of almost R2 trillion since it opened for trading in October 2017.
According to A2X, the end-to-end costs of transacting on its exchange are 50% lower than current trading costs in South Africa.